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In a recent market briefing, St George said that it still expects earnings per share to increase by at least 10% this year. The forecast was quickly followed, however, by the caveat that ‘targets exclude impact of hedging and derivatives and assumes a reasonably sound economic environment and no one-off material credit losses’. So is management likely to need that elaborate escape clause?

Overall, the briefing was pretty upbeat. St George has so far avoided most of the problem corporate loan exposures that have...

On the question of the safety of bank deposits,could I ask if you would consider CBA significantly safer then BankWest. I ask this after absorbing the facts that CBA is one of only four Australian banks with a AA credit rating, and that BankWest is ...

Gail Kelly's only been in her new job less than a year and she's looking to get her old job back being in charge of St George again, albeit in a merged entity. And having only worked at Westpac for under 1 year, she would not have been given so many ...

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